With the ban on new diesel and petrol cars brought forward to 2035, wednesday’s Budget is the time for the Government to put its money where its mouth is. There’s no doubt that alternative fuel vehicles are the future, but the motor industry needs support if it’s to hit the goal, said Seán Kemple, Director of Sales at Close Brothers Motor Finance. “For … [Read more...]
Road Safety Designs moves up a gear
Wales-based road safety innovation company, Road Safety Designs, has appointed experienced business leader and investor, Simon Bailey, as a Management Consultant. The former Director of Motorcare Motor Factors will be joining the firm, chaired by Sir Stanley Thomas OBE, the Welsh businessman and property developer best known for founding Peter’s Food … [Read more...]
Battery maker calls for greater UK manufacturing
British car production dipped 2.1% in January according to figures released by the Society of Motor Manufacturers and Traders yesterday. Reduced demand from car manufacturing plants and additional shutdowns related to the coronavirus pandemic have caused the fifth successive month of decline. A global snowball effect is expected to continue as the industry … [Read more...]
Opposition AMs call for Welsh Government investment probe
Welsh Government’s investment strategy has come into question after Aston Martin Lagonda revealed widening losses and slipping sales. The luxury carmaker was enticed to St Athan in the Vale of Glamorgan by the Labour Welsh Government with nearly £20m worth of taxpayer grants in the hope of boosting the South Wales economy. However, today’s financial … [Read more...]
In car challenges and opportunities down the road
Connected cars will be both an opportunity and a challenge to the suppliers and manufacturers, according to a new report. The report, “Key Players and Business Models in the Connected Car,” examines the complex ecosystem of connected car players and helps clients navigate the opportunities and challenges on the road ahead. “The connected car marketplace – … [Read more...]
Maserati quickly moving with times and power
All new Maserati models will be 100% developed, engineered and built in Italy with hybrid and battery electric propulsion systems delivering all the innovation and performance typical of the Brand's DNA. Following on from the announcement of testing of the new full electric power plants to be installed on future Maserati models, the development and … [Read more...]
Brexit’s been good for some in automotive sector
The UK transport industry has seen earnings on its investments in the EU rocket by more than 400% since the Brexit vote, the latest Office of National Statistics has revealed. UK transport trade earnings from investments in the EU rose from £177 million in 2015 to £1billion three years later – up 476% compared with before the vote. Firms involved in … [Read more...]
Fleets need to prepare for EV charge in demand
Fleets of all sizes will need support through a potential “sudden 2020 influx” of electric vehicles that is likely to create a vacuum of expertise, says FleetCheck. The fleet software specialist says that the new zero per cent benefit-in-kind tax rate, the availability of a wider range of models and the momentum created by the Government’s 2035 announcement … [Read more...]
Frustration faces first to use Cardiff’s rapid charger points
Cardiff is getting a big boost to a rapid charging network, but electric vehicle drivers face frustration under current parking laws. Engenie has installed its first two rapid EV charge points in Cardiff city centre as part of a wider rollout that will more than double the number of rapid chargers in the city, but it's left the council red-faced as it tries … [Read more...]
Volvo and Geely considering merging expertise
Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies. This would be a combination between two strong companies. The considered combination would have the scale, knowledge and resources to be a … [Read more...]
